Here\'re the credit expansion trajectory in five years of Modi govt

Here're the credit expansion trajectory in five years of Modi govt

Bank support to NBFCs on onward lending was in double-digit for four years. It was strong in FY18 and FY19

Abhijit Lele 

14.7% Credit to industry (large, medium, small firms) expansion. This reflects a tepid private capital expenditure for creating capacities 14.2% Fall in outstanding advances for medium-sized units.

This segment has seen maximum amount of delinquencies (stressed assets) 7.8% Rise small and micro enterprises saw in loans. They bore the brunt of slowdown, demonetisation, effects of transition to the GST 80.6% The credit to services sector expansion in five years Bank support to NBFCs on onward lending was in double-digit for four years. It was strong in FY18 ...

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First Published: Wed, May 01 2019. 02:25 IST